Search found 536 matches

by CppCoder
Sun Nov 12, 2017 3:38 pm
Forum: Local Chapters and Bogleheads Community
Topic: New Woodlands, Texas Local Chapter
Replies: 21
Views: 3329

Re: New Woodlands, Texas Local Chapter

If it works in my schedule, I'm willing to give it a try. My personal preference would be on a weekend.
by CppCoder
Sun Nov 12, 2017 9:49 am
Forum: Investing - Help with Personal Investments
Topic: What's your weighted average expense ratio?
Replies: 65
Views: 3113

Re: What's your weighted average expense ratio?

5.6 basis points. It would be lower, but I'm getting "creamed" by the NY 529 plan at 15 basis points :D. It helps to have a 401k with ERs between 1 and 4 basis points.
by CppCoder
Fri Nov 03, 2017 6:53 pm
Forum: Investing - Help with Personal Investments
Topic: How consistent will VNQ dividend be?
Replies: 65
Views: 3505

Re: How consistent will VNQ dividend be?

I will edit my previous post. I am not talking about reit etf's I have not done research into them and the little I did they seem to lag well behind a diversified portfolio of 4-5 good REITs considerably. This is just 1 of the reit's I own and it shows a much much more consistent dividend. https://...
by CppCoder
Fri Nov 03, 2017 1:50 pm
Forum: Personal Finance (Not Investing)
Topic: Side Hustle
Replies: 10
Views: 1649

Re: Side Hustle

Technical book author. Your wife too could spend hundreds of hours of work to receive tens of dollars in royalties! :beer
by CppCoder
Fri Nov 03, 2017 1:45 pm
Forum: Investing - Help with Personal Investments
Topic: How consistent will VNQ dividend be?
Replies: 65
Views: 3505

Re: How consistent will VNQ dividend be?

I will edit my previous post. I am not talking about reit etf's I have not done research into them and the little I did they seem to lag well behind a diversified portfolio of 4-5 good REITs considerably. This is just 1 of the reit's I own and it shows a much much more consistent dividend. https://...
by CppCoder
Fri Oct 27, 2017 2:34 pm
Forum: Personal Finance (Not Investing)
Topic: First Time Home Buyer Products
Replies: 15
Views: 1249

Re: First Time Home Buyer Products

jfn111 wrote:
Fri Oct 27, 2017 7:26 am
Please note-most Bogleheads would suggest you live in a single wide trailer until you can put 50% down. :oops:
Come now. Most are reasonable and at least recommend a double wide. :D
by CppCoder
Thu Oct 26, 2017 8:09 pm
Forum: Investing - Theory, News & General
Topic: Stocks go up, bonds fall. Stock fall, bonds also fall.
Replies: 51
Views: 5348

Re: Stocks go up, bonds fall. Stock fall, bonds also fall.

Holding a bond fund such as VBTLX doesn't make sense to me either. A ladder of 5-year CDs pays the same interest without the volatility. Not sure under what scenario holding the bond fund would be better, and it can be worse, so I don't bother with that. Scenario where bond funds are better than a ...
by CppCoder
Thu Oct 26, 2017 12:44 pm
Forum: Investing - Help with Personal Investments
Topic: Anyone adding in specific Funds for heirs
Replies: 13
Views: 790

Re: Anyone adding in specific Funds for heirs

They fit my AA and IPS The above seems to be the problem with this plan. If they meet your AA and IPS, they are your funds invested for your time horizon, unless you mean your AA and IPS are specifically altered to adjust for your heirs' timelines. For me personally, I think it's easier to either a...
by CppCoder
Thu Oct 26, 2017 12:21 pm
Forum: Investing - Help with Personal Investments
Topic: Mechanics of Roth 401K
Replies: 18
Views: 1668

Re: Mechanics of Roth 401K

rkhusky wrote:
Tue Oct 24, 2017 3:48 pm
I find it easier just to specify a per-check dollar amount to go into my 401K.

Note that company matching funds will go into tax-deferred.
Not all plans allow this. My plan, for whatever reason, requires a percentage of gross, and that percentage must be in whole numbers.
by CppCoder
Thu Oct 26, 2017 12:15 pm
Forum: Investing - Help with Personal Investments
Topic: First time Mega Backdoor
Replies: 16
Views: 1274

Re: First time Mega Backdoor

I was told that once you set the Quarterly ROTH conversion option to 'Transfer 100% of after-tax balance', these after tax monies in my 401k would be converted and tracked separately so you wouldn't need to transfer to a ROTH IRA (unless you really wanted to, I suppose). Considering that many of my...
by CppCoder
Thu Oct 26, 2017 12:11 pm
Forum: Investing - Help with Personal Investments
Topic: Most efficient method to swap RSU for Index
Replies: 5
Views: 300

Re: Most efficient method to swap RSU for Index

I've been lazy and sitting on RSUs for too long and now I want to efficiently swap them for index funds + principal on mortgage. What is the most efficient way of doing this? I've accumulated them over three years or so as stock has risen, and they're taxed at vesting. One other wrinkle is my partn...
by CppCoder
Wed Oct 25, 2017 3:06 pm
Forum: Investing - Help with Personal Investments
Topic: First time Mega Backdoor
Replies: 16
Views: 1274

Re: First time Mega Backdoor

One other prep step is to make sure you don't have any IRA's in your name, and (if you do) roll them over to your 401k account if allowed by your plan. If you don't, the "pro rata" rule will likely make most of the eventual Roth rollover taxable. Existing traditional IRA accounts have nothing to do...
by CppCoder
Sun Oct 22, 2017 3:13 pm
Forum: Investing - Help with Personal Investments
Topic: Expense Ratio
Replies: 6
Views: 445

Re: Expense Ratio

Okay got it as far as how they are taken out. How about the other part of the question? If the ER is 0.1%, on a 10K fund balance, it will cost investor @ 10 bucks every year? Is this correct? Correct. Edit: Doesn't it seem appalling that it can costs 0.1% (or less) to run the day to day operations ...
by CppCoder
Sun Oct 22, 2017 3:03 pm
Forum: Investing - Help with Personal Investments
Topic: Within your context: Do you consolidate a fund when it is 5% or less of total funds/investments and why?
Replies: 20
Views: 1057

Re: Within your context: Do you consolidate a fund when it is 5% or less of total funds/investments and why?

I own three individual stocks that comprise approximately 0.5%, 2%, and 4% of my investment portfolio, respectively. The first two are utility stocks that were bought for me over three decades ago. I don't want to incur the capital gains to sell them, and they don't really add any complexity to my p...
by CppCoder
Sun Oct 22, 2017 7:10 am
Forum: Personal Consumer Issues
Topic: Car Enthusiasts Unite! - Porsche, Benz, Ferrari, Lambo, etc.
Replies: 72
Views: 5158

Re: Car Enthusiasts Unite! - Porsche, Benz, Ferrari, Lambo, etc.

On the weekends, I don't have much time to just go out to "drive" and the time I do have, I anticipate that to decrease once a child is born. I don't know much about high performance cars, but given your quote above, I'll be back to comment on your future thread in 2023 asking us to compare the Ody...
by CppCoder
Sat Oct 21, 2017 2:45 pm
Forum: Personal Finance (Not Investing)
Topic: On selling home to a child
Replies: 25
Views: 1793

Re: On selling home to a child

If I am a child I am asking myself “why do I buy this home from my parents at full market value when they’d have to pay a 4.5-6% commission to sell it to a stranger?” I might also look at my parents' age and health and ask why I'm buying it at all if I might get it through inheritance with a steppe...
by CppCoder
Sat Oct 21, 2017 2:42 pm
Forum: Personal Finance (Not Investing)
Topic: How does/can Walmart offer such inexpensive prescriptions?
Replies: 107
Views: 7069

Re: How does/can Walmart offer such inexpensive prescriptions?

My guess is that Walmart makes money on prescriptions the same way they make money on everything else: huge volume (supplier discounts and leverage), low costs, efficient supply chain, and lower margins than many would tolerate.
by CppCoder
Sat Oct 21, 2017 2:18 pm
Forum: Personal Finance (Not Investing)
Topic: new 401(k) limits announced
Replies: 88
Views: 12871

Re: new 401(k) limits announced

43andcounting wrote:
Sat Oct 21, 2017 11:46 am
Thank you CppCoder, much appreciated ! Very clear now.

From the example, I assume the $275k is the individual limit, not family limit when filing jointly.
Yes, it's for the individual. I'm not sure what happens if you have two different employers in a given year each paying you $250k.
by CppCoder
Sat Oct 21, 2017 9:44 am
Forum: Personal Finance (Not Investing)
Topic: new 401(k) limits announced
Replies: 88
Views: 12871

Re: new 401(k) limits announced

CppCoder, could you please clarify what is the $275k comp limit in relation to mega backdoor ? I am planning to do my first mega backdoor this year, and our income is more that the limit. Any constraints I should be aware of ? Love your id BTW, was a Cpp coder myself for years, more than 15 years a...
by CppCoder
Fri Oct 20, 2017 6:58 pm
Forum: Personal Finance (Not Investing)
Topic: Does anyone here with net worths north of $1 mil use financial advisors?
Replies: 164
Views: 14858

Re: Does anyone here with net worths north of $1 mil use financial advisors?

Once, when I was young, a cute girl told me her friend was a new financial adviser and needed to talk to professionals to try to build clientele. So, after this girl asked if I would see her friend, I went to an American Express (now Ameriprise) financial adviser. I talked to them for about an hour,...
by CppCoder
Thu Oct 19, 2017 8:04 pm
Forum: Investing - Help with Personal Investments
Topic: Back Door Roth IRA – is it worth paying taxes now on gains?
Replies: 5
Views: 518

Re: Back Door Roth IRA – is it worth paying taxes now on gains?

I would personally evaluate it in terms of the absolute dollars instead of percentage gain. Is it a 33% gain on one year's contribution or a 33% gain on $100k from 15 years of contributions? Also, if you want to mess with the math of pro rata rules, you could clear your traditional IRA over several ...
by CppCoder
Thu Oct 19, 2017 7:52 pm
Forum: Personal Finance (Not Investing)
Topic: new 401(k) limits announced
Replies: 88
Views: 12871

Re: new 401(k) limits announced

For those who prefer IRS links: https://www.irs.gov/newsroom/irs-announces-2018-pension-plan-limitations-401k-contribution-limit-increases-to-18500-for-2018 Of importance to those of us who do a mega backdoor Roth, the overall 401k limit is rising from $54,000 to $55,000 (+ catch-up), and the compen...
by CppCoder
Sun Oct 15, 2017 1:38 pm
Forum: Personal Consumer Issues
Topic: What are you driving? And would you buy your current ride again?
Replies: 130
Views: 7228

Re: What are you driving? And would you buy your current ride again?

I have a 2012 Honda Accord with 67k miles. It has been 100% problem free (except for the annoying TPM light that comes on when it gets below 30 degrees, which happens a lot here). While I would absolutely buy it again, I probably wont buy another because I have a need for speed that this car does n...
by CppCoder
Sat Oct 14, 2017 2:39 pm
Forum: Investing - Help with Personal Investments
Topic: 401k Employer match question
Replies: 5
Views: 305

Re: 401k Employer match question

This is a matter of perspective. Suppose you are in the 25% tax bracket. If you want to contribute $7,500 to your 401k, for your Roth, you must have $10,000 in salary to make that contribution ($7.5k to the 401k and $10k to taxes), but for your pretax, you only need $7,000 in salary ($7k to the 401k...
by CppCoder
Sat Oct 14, 2017 12:58 pm
Forum: Personal Finance (Not Investing)
Topic: Silly accounting question [How do I record these transactions?]
Replies: 7
Views: 798

Re: Silly accounting question

For your purposes, I would probably just create a new column called discounts and track it independently from expenses and income. Just like you don't want to delude yourself into thinking items cost less than "face value" when considering future expenses, you don't want to inflate your income when ...
by CppCoder
Thu Oct 12, 2017 8:15 pm
Forum: Investing - Help with Personal Investments
Topic: VTSMX vs. VTI
Replies: 16
Views: 1448

Re: VTSMX vs. VTI

To clarify: When investing in a IRA at Fidelity with the goal of diversifying in a total US stock market fund- VTSAX, FSTVX and ITOT are essentially the same in their holdings. VTSAX (ER 0.04): would charge a initial purchase fee and trade fee because using Fidelity FSTVX (ER 0.04): However with no...
by CppCoder
Mon Oct 09, 2017 11:38 am
Forum: Investing - Theory, News & General
Topic: Financial Calculations for Boglehead Presentation
Replies: 14
Views: 1550

Re: Financial Calculations for Boglehead Presentation

Post the problem statement. I'm sure someone will take a stab at it. I was bored yesterday, so probably would have given it a shot had you posted in the AM instead of the PM. Who knows, I might be bored tonight. :happy
by CppCoder
Sat Oct 07, 2017 8:05 am
Forum: Investing - Help with Personal Investments
Topic: Tradittional vs Roth?
Replies: 6
Views: 563

Re: Tradittional vs Roth?

You really haven't provided enough information to give good advice, but my guess is that you are better off sticking to pretax contributions in the 28% bracket. What do you expect your tax bracket to be after you stop working (when you start withdrawing from the 401k and tIRA)? Also, Roth conversion...
by CppCoder
Fri Oct 06, 2017 12:15 pm
Forum: Personal Finance (Not Investing)
Topic: Mega Backdoor Roth questions and is it worth it?
Replies: 9
Views: 717

Re: Mega Backdoor Roth questions and is it worth it?

To set the parameters, my wife is considered an HCE, and thus is limited in the percentage that she can contribute to her 401k. Let's say that based on that percentage, she would end up with about $1500 in after-tax contributions. All of these after-tax contributions would occur toward the end of t...
by CppCoder
Fri Oct 06, 2017 12:06 pm
Forum: Personal Finance (Not Investing)
Topic: Megabackdoor Roth Waiting Period?
Replies: 18
Views: 1329

Re: Megabackdoor Roth Waiting Period?

Let me understand this: You want to contribute to after-tax within your 401k. Then, use the in-service withdrawal to roll it into Roth IRA (and pay taxes on any earnings). Then, you want to withdraw the contributions from the Roth IRA. Is this correct? If so, what is the reason of going through all...
by CppCoder
Wed Sep 06, 2017 7:33 pm
Forum: Personal Finance (Not Investing)
Topic: Question on a NY 529
Replies: 2
Views: 427

Re: Question on a NY 529

Daughter is finishing her Masters. I overfunded the 529 because she underestimated the amount her employer would pay. Not a bad problem... Her employer is withholding taxes for some of the coursework and my question is, can I pay the taxes with funds from the 529? I assume you mean and not pay taxe...
by CppCoder
Sat Aug 26, 2017 5:20 pm
Forum: Personal Finance (Not Investing)
Topic: What should the savings be for an average professional
Replies: 168
Views: 17339

Re: What should the savings be for an average professional

Grt2bOutdoors wrote:
Sat Aug 26, 2017 5:03 pm
...if you are spending 100% of gross income you are spending too much.
This also makes it exceedingly difficult to save 10x salary by 65 :wink:.
by CppCoder
Sat Aug 26, 2017 9:54 am
Forum: Personal Consumer Issues
Topic: Three days in Prague during September
Replies: 19
Views: 1839

Re: Three days in Prague during September

We were in Prague for several days in 2009. We also took in the sites mentioned above (Prague Castle - I got to shoot a crossbow, Charles Bridge, Clock, Wenceslas Square, Jewish quarter) and enjoyed them. As a rule of thumb, I always like to see a city's castle :). Here are a few that have not been ...
by CppCoder
Tue Aug 22, 2017 4:14 pm
Forum: Investing - Theory, News & General
Topic: NY 529 plan - fee reduction, glide path options, increased account maximum and other changes
Replies: 4
Views: 769

Re: NY 529 plan - fee reduction, glide path options, increased account maximum and other changes

I received the same email this morning and was going to post the same thing. I'm not terribly excited about the 1 bp decrease in fees. Don't get me wrong, lower fees are always better, but 1 bp isn't a game changer. I am, however, excited that they are adjusting the glide paths on their age based op...
by CppCoder
Mon Aug 21, 2017 11:24 am
Forum: Investing - Help with Personal Investments
Topic: Seeking Advice on Simplifying Large Taxable Retirement Portfolio
Replies: 23
Views: 2898

Re: Seeking Advice on Simplifying Large Taxable Retirement Portfolio

I'm going to be somewhat contrarian and say that nothing you do matters. Just let it ride. If you don't want more bonds, don't bother with them. If you really stick to your spending plan, you have a 0.6% withdrawal rate. If stock A and B go to zero simultaneously, it will reduce you to a horrible 0....
by CppCoder
Mon Aug 21, 2017 11:01 am
Forum: Personal Finance (Not Investing)
Topic: How to Pay Grad School Loans
Replies: 8
Views: 924

Re: How to Pay Grad School Loans

So here's what I've come up with. Option A: Take full $40k loan (20K each semester), pay for school with 20K, take additional 20K @ 7% interest, invest in 50/50 international and S&P500 index Funds and gamble on making more then 7% return. Option B: Take 6K loan for first semester, pay remaing 4K o...
by CppCoder
Mon Aug 21, 2017 10:08 am
Forum: Investing - Help with Personal Investments
Topic: 28 year old trying to make a simple retirement plan
Replies: 10
Views: 1375

Re: 28 year old trying to make a simple retirement plan

married 105k combined income no debt except house, plan to have it paid off in 24 months. (130k left on 300k home) After home is paid off the goal is to max out retirement funds for 10 years and evaluate early retirement at that time. I wouldn't forgo retirement funds (if this means available space...
by CppCoder
Sun Aug 20, 2017 1:34 pm
Forum: Investing - Theory, News & General
Topic: I own no international stocks. Can you guess why?
Replies: 167
Views: 14351

Re: I own no international stocks. Can you guess why?

You pressed the wrong button on Vanguard's website but felt you could never tell us this real reason. So, you created this thread to be able to pick the best reason from all of the replies. Then, tomorrow, you'll say, "Yep, so and so nailed it," as you breathe in deeply, smile, and relax now having ...
by CppCoder
Sat Aug 19, 2017 4:51 pm
Forum: Personal Finance (Not Investing)
Topic: After Tax 401K Contributions Advice
Replies: 22
Views: 1598

Re: After Tax 401K Contributions Advice

I didn't know this was an option based on the reading I've done. I know our company has the option to have a Roth 401K as well. Are you saying some would allow me to convert the after tax in the traditional 401K to a Roth 401K? Or is it something different? Whether this is allowed depends on your p...
by CppCoder
Sat Aug 19, 2017 3:45 pm
Forum: Personal Finance (Not Investing)
Topic: After Tax 401K Contributions Advice
Replies: 22
Views: 1598

Re: After Tax 401K Contributions Advice

Yes, I think your logic makes sense if you intend to move in a few years. Also, take a look and see if your plan allows an IRR (in-plan Roth rollover), which will allow you to "convert" your aftertax account to Roth but keep it in the 401k. Your plan may allow this even if it doesn't allow an in-ser...
by CppCoder
Sat Aug 19, 2017 1:16 pm
Forum: Forum Issues and Administration
Topic: Home Page Updated
Replies: 82
Views: 6328

Re: Home Page Updated

I think there may be a bug. This new information at the top takes up half my screen. That's pretty annoying. I'm told there is a less/more button to eliminate that - I'm told it works on iPad, but it does not work on my MacBook (using Safari). It is apparently the little button just after "...John ...
by CppCoder
Sat Aug 19, 2017 1:06 pm
Forum: Personal Finance (Not Investing)
Topic: Jobs that pay over $100,000
Replies: 157
Views: 16832

Re: Jobs that pay over $100,000

"Average intelligence is not sufficient to become an engineer." Only takes 1 to disprove this. I have been tested and have average IQ. I am an engineer. No one said you can't be academically talented. The athletes and musicians you refer to are the best of the best. That is rare. It is also rare to...
by CppCoder
Sat Aug 19, 2017 12:50 pm
Forum: Personal Finance (Not Investing)
Topic: Any reason to refinance low balance mortgage?
Replies: 13
Views: 1001

Re: Any reason to refinance low balance mortgage?

I think I should just sit tight but wanted to see if anyone had other thoughts. I am in year 8 of a 15 year fixed at 4.375%. Remaining balance is $98k. Value of home per recent tax assessment is $212k. There are plenty of lower rates out there, up to 1% lower, but if I understand it right, lenders ...
by CppCoder
Sat Aug 19, 2017 12:30 pm
Forum: Investing - Help with Personal Investments
Topic: New to 401k. How is this Match?
Replies: 14
Views: 1571

Re: New to 401k. How is this Match?

I read it as this: 1) the company will match up to $1000 each year. Assuming she contributes the full amount ($18500) for 2018, that's a 5.4% match. If she just contributes $1000, it is a 100% match... I don't think the IRS has released the 401k limit for 2018 yet. I've seen an estimate for the $50...
by CppCoder
Sat Aug 19, 2017 12:22 pm
Forum: Personal Finance (Not Investing)
Topic: Jobs that pay over $100,000
Replies: 157
Views: 16832

Re: Jobs that pay over $100,000

One new hot area that combines social skills, math skills, and programming skills that pays well is data scientist. It might be saturated by the time the child graduates in several years. This is always the problem with the hot fields. The ones that are hot when you enter school attract enough stude...
by CppCoder
Sat Aug 19, 2017 12:14 pm
Forum: Personal Finance (Not Investing)
Topic: Jobs that pay over $100,000
Replies: 157
Views: 16832

Re: Jobs that pay over $100,000

I work 70% as an engineer and 30% at the local university. Amongst other things, I have taught pre-engineering math, i.e. math for those who want to go into engineering, but aren't qualified for calculus 1. They pretty much enter w/o being confident in basic algebra. About 60% pass (it's pass/fail)...
by CppCoder
Fri Aug 18, 2017 3:48 pm
Forum: Personal Finance (Not Investing)
Topic: Increasing Loan - to Value Ratio
Replies: 9
Views: 693

Re: Increasing Loan - to Value Ratio

A house is appraised for what you can sell it for. You will lose money trying to increase the home value through renovations. Put the money toward the loan. Once you no longer have PMI, you'll be able to save that additional monthly cash flow for new cabinets.
by CppCoder
Fri Aug 18, 2017 2:55 pm
Forum: Personal Finance (Not Investing)
Topic: Jobs that pay over $100,000
Replies: 157
Views: 16832

Re: Jobs that pay over $100,000

movie actor
baseball player
United States House representative
orthopedic surgeon
successful business owner
youtube sensation
NY Times best selling author

Depending on skill set/interests, these might be more or less plausible than an engineer.
by CppCoder
Fri Aug 18, 2017 12:02 pm
Forum: Investing - Help with Personal Investments
Topic: What type of bond fund for my purpose?
Replies: 22
Views: 1466

Re: What type of bond fund for my purpose?

I never like it as an investment, but if you are planning for the financial apocalypse, some might argue that you should buy gold. After all, treasuries are only as good as your confidence in the solvency of the U.S. government. People all over the world seem to like shiny metal :confused.
by CppCoder
Fri Aug 18, 2017 9:52 am
Forum: Personal Finance (Not Investing)
Topic: Did Chase Apply My "Additional Principal" Payment Legally?
Replies: 41
Views: 2515

Re: Did Chase Apply My "Additional Principal" Payment Legally?

I have a Chase mortgage. On their website, if you choose to pay your mortgage, there are three boxes. The first is autopopulated with XX minimum payment due (where XX = my monthly mortgage amount). The next two are for additional principal and additional escrow. If I wanted to pay principal only, I ...